0606 GMT [Dow Jones] Singapore's STI is down 0.7% at 3280.91, with just four components in positive territory, tracking declines in most regional markets. "Asian markets take their cue from U.S. markets," says Rieve Ko, a remisier at UOB KayHian. "For the longer term, we are still in a boom market because central banks are still printing money," he says, but adds, "for the short-term, we are still in a consolidation phase. It has run up quite fast." He expects a 3%-5% correction. For the STI, he says technical indicators are showing overbought signs; if 3250 support breaks, the index could move down to 3230, its 50-day moving average, he says. Volume is 2.59 billion shares valued at S$748.9 million; in the broader market, losers top gainers 1.7 to one. SPH (T39.SG) is down 1.8% at S$4.40, retracing some of Monday and Tuesday's cumulative 7.4% gain after the newspaper publi...